Main Street Registry

Tropical Car Wash of Tampa LLC

Tampa, FL · Car Washes · NAICS 811192

Tropical Car Wash of Tampa LLC is a car wash business located in Tampa, Florida, classified under the car washes industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,381,000, approved on September 26, 2024, through TD Bank, National Association.

SBA 7(a) loan, change of ownership, approved Sep 26, 2024

$1,381,000 approvedLender: TD Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,381,000
SBA-guaranteed amount
$1,035,750 (75% of the approval)
Lender
TD Bank, National Association, Wilmington, DE
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, fixed
Term
25 years (300 months)
Estimated maturity
September 26, 2049 (estimated, approval date plus term)
Estimated monthly payment
$10,205 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 13, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811192, Car Washes
Project location
Hillsborough County, FL
SBA district office
South Florida District Office
Congressional district
FL-14
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 46% of acquisition loans in Car Washes on this site.
  • Average acquisition loan in Car Washes: $2,047,274.
  • Average acquisition loan in Florida: $1,808,559.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Florida